Boldstart Ventures gets bigger thanks to Kustomer and other early bets on technical founders

Boldstart Ventures gets bigger thanks to Kustomer and other early bets on technical founders

3 years ago
Anonymous $K6XgmDN5_o

https://techcrunch.com/2021/02/17/boldstart-ventures-gets-bigger-thanks-to-kustomer-and-other-early-bets-on-technical-founders/

Boldstart Ventures, a New York-based firm that started with a $1.5 million proof-of-concept fund in 2011, has just closed on $155 million in capital commitments for its fifth flagship fund and $75 million for its second opportunity fund, a vehicle meant to support breakout startups in its portfolio.

Given Boldstart’s focus — and its track record to date — it’s only surprising that the young firm didn’t raise more in the current market. From the outset, Boldstart has focused on technical founders in the U.S., Canada, and Europe who are already building, or are capable of building, developer first and SaaS products. Indeed, firm cofounder Ed Sim says the firm prides itself on “talking to founders before they even start their businesses.”